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Friday, August 6, 2010

Nokia n810

Chumby Industries, makers of the Wi-Fi video and widget displaying device, the Chumby, have just announced $12.5 million in Series B funding today. The company notes that this new financing is going to be used to “accelerate growth of the company, and expand and broaden the Chumby Network to other screen-based Internet connected devices.”

The lead investor was JK&B Capital, and other participants included existing venture investors, Avalon Ventures, Masthead Venture Partners and O’Reilly AlphaTech Ventures.

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